One-Bedroom Luxury Condo at Bay and Elm in Downtown Toronto. Bright Unit with Ample Sunlight and Breathtaking NW Views, Separate Kitchen with Stainless-Steel Appliances and Oven. Featuring Large Bedroom with Walk-In Closet, Large Bathroom with both Bathtub and Shower. One Locker Included, No Parking. Prime Location Within Walking Distance to Subway, Universities, Hospitals, Restaurants and Eaton Centre. Building Amenities Include a 24-hour Concierge, Gym, Party Room, Indoor Pool with Sauna, Kids Room and More. All Utilities are Included; Only Internet and Cable TV are extra. Strictly No Pets Allowed as Per Condo Building Rules.
1 bedroom, 1 bathroom, about 700 sq ft, works out to roughly $679 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 38 Elm St #3200
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
700-799 sq ftas stated on the listing
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
0
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
38 Elm St #3200 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,334
/mo
based on the purchase price of $475,000
$95,000 cash
$380,000 financed
$320,060 total interest
Principal54%$380,000
Interest46%$320,060
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
Own a home on Elm Street? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 38 Elm St #3200 with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 38 Elm St #3200 day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $475K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5190.6%On average, homes sold at or above asking.
Active listings13,262Homes for sale here right now.
Median vs prior 90 days+0.4%Compared with May 10 – Aug 8, 2026: prices up.
Based on 9,132 sales from Aug 8 – Nov 6, 2026 (7,132 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
2 for sale · 5 for rent at 38 Elm St — plus its sale and lease history.
38 Elm St #3200 is listed at $475,000 (MLS® C13591362). Summitly updates the price as soon as the MLS® record changes.
Is $475,000 a good price for 38 Elm St #3200?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 38 Elm St #3200 changed?
Yes — it was first listed at $525,000 and is now $475,000, a drop of $50,000 (9.5%).
How many bedrooms and bathrooms does 38 Elm St #3200 have?
38 Elm St #3200 has 1 bedroom and 1 bathroom, with about 700–799 square feet of living space. It is a condo in Toronto.
How much would the monthly mortgage be on 38 Elm St #3200?
About $2,334 a month — principal and interest on $475,000 with 20% down ($95,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 38 Elm St #3200 compare with other homes in Toronto?
Its asking price of $475,000 is about 44% below the median sold price in Toronto over the last 90 days, $843,500, across 9,132 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 38 Elm St #3200 been sold before?
Yes — Summitly has 1 earlier MLS® listing of 38 Elm St #3200 on record. Their prices and dates are shown to signed-in members under TRREB rules: sign in free to see them in the Listing history above.
Where is 38 Elm St #3200?
38 Elm St #3200 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 38 Elm St #3200 been on the market?
108 days — 38 Elm St #3200 was listed on July 21, 2026.
What is the price per square foot of 38 Elm St #3200?
About $594 to $679 per square foot: the asking price of $475,000 over the 700–799 sq ft the listing gives as its size range.
Does 38 Elm St #3200 have parking or a garage?
Garage: Yes.
Does 38 Elm St #3200 have a basement, and is it finished?
